Gold at 4x Face Value!!
ilmcoins
Posts: 525 ✭✭✭✭
Well at least it was a while back. It is always fun to find coins in flips with the original prices on them!
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ilmcoins
Posts: 525 ✭✭✭✭
Comments
Bigger pic...
Wanna double your money?
How long ago was that bought?
Wow... how long have they been sitting in those old holders?
Surprising that they haven’t been slabbed yet.
TurtleCat Gold Dollars
I remember when I was growing up in the 70’s and you could buy a Saint for $40.
I like those square windowed holders BTW!
He who knows he has enough is rich.
Show us the coin underneath!
He who knows he has enough is rich.
I bought my first Saint in 1965 for $47. I never saw any Saints in the 1970's for less than $50.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Nice!... I like the looks.
There was a time that gold was worth face value. Hard to imagine.
There will eventually be a time $2000/hr will be minimum wage. At the rate we’re going, maybe late 2025.
These were in the mix too... they were $75 at the time so less than 4x FV!!
Late 60’s early 70’s had a friend whose father was a coin collector and I remember him buying Saints for $40 at the coin section inside the A&S at the mall.
I can triple it
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
I picked up a bunch of choice BU - solid date silver dollar rolls about 13 yrs ago from someone who put them away in the 1970's. $3.00-$3.75 or so per coin. And even as recent as 2003 you could buy silver 90% BU rolls for just over $4/oz.
Buy gold now then 20 or 30 years later it looks just like that.
And if you go to the wrong gold and silver buyers you will be shocked at some of the lowball offers. I was talking to a dealer who was upset over a dealer paying only a few bucks for Morgans even in this market and there are few legal remedies to warn others or make unscrupulous buyers accountable.
Ah yes... The 'good old days'....Some of us stacked some gold and silver at those prices... honestly not imagining, at that time, the prices we see today... Certainly keeps me smiling....
Cheers, RickO
I like the patina on the reverse on the staple......
Not me. They leaked. Round ones get tight on the coin.
Very cool!
I recall purchasing the estate from a long retired part time dealer about 18 years ago. I marveled at the $1.85 price written on the 2x2 holder of a gem somewhat better date Morgan dollar. He said yep that used to be the going rate for nice uncs. All the others were face value.
How to Invest in Gold Coins, 1970:
He who knows he has enough is rich.
I hope you followed this model! Haha